The Shiba Inu burn rate was going up by 60.94% in the last 24 hours.
Shytoshi Kusama, the lead developer of SHIB, tweeted a mystery message that simply “WOOF,” which implies something interesting occurs.
At the same time, Travala, a cryptocurrency-friendly travel site, and Bitpoint, a renowned Japanese crypto exchange, recently announced gifts for the Shiba Inu community. For every SHIB reservation made on Travala, users are given a free $25 travel credit that can be used on any of the more than three million hotels and flights the website offers.
Moreover, the cryptocurrency exchange BitPoint Japan stated that it would become the first major Japanese exchange to list SHIB at the end of November. One million Shiba Inu tokens will be given away as prizes to new SHIB users, according to a Bitpoint announcement.
SHIB is up 4.22% in the last 24 hours and is currently worth $0.000009 per token, down 89% less than its all-time high. SHIB is the 15th largest cryptocurrency in the world with a market cap of $5.41 billion, according to data from Coincu.
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